The Guernsey Financial Services Commission (GFSC) has released a new set of rules to clarify the regulatory treatment of collaterised reinsurance, including insurance-linked securities (ILS)...
Randall & Quilter Investment Holdings has completed the novation by Georgia Atlantic Insurance, a wholly owned, Bermuda-based captive, of the Coca-Cola Bottlers’ Association...
Construction company Skanska has sold 100 percent of its share capital in its Luxembourg captive, Scem Reinsurance, to ArcelorMittal, a steel and mining company...
Disclosure of captive exposures to certain long-term and universal life insurance policies has improved among life insurers, but it has also revealed additional problems, according to Moody’s Investors Service...
Private equity firm Acuity Investment has released a proposal to acquire a Pro Global Insurance Services company, subject to shareholder and regulatory approval...
A.M. Best has downgraded the financial strength rating of Security America Risk Retention Group (SARRG), based in Burlington, Vermont, from “B++ (Good)” to “B+ (Good)”...
Barton Hedges, CEO of Greenlight Re, will step down from the role after 11 years of service, effective from 31 March next year...
JLT Re has purchased StoneHill Reinsurance Partners, a reinsurance intermediary focusing on medical professional liability...